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200 Yuan Stimulus Voucher
| Issuer | Executive Yuan, Republic of China |
|---|---|
| Year | 2020 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | 1 January 2021 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 使用期限至109年12月31日止 中華民國 振興三倍券 行政院 消費時 • 不得換現 • 不得找零 • 不得儲值 貳佰圓 TAIWAN TAIWAN (Translation: Valid until December 31, republican year 109 Republic of China Triple Stimulus Voucher Executive Yuan No change shall be given for purchase of goods using this voucher and can not be redeemed for legal tender cash or top up Two Hundred Yuan TAIWAN TAIWAN) |
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| Protection type | Watermark, Security thread |
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| Comments |
Issued in response to the COVID-19 economic disruption, these vouchers were part of Taiwan's "Triple Stimulus Voucher" (三倍券) program, through which the Executive Yuan distributed NT$3,000 worth of spending credit to citizens who paid NT$1,000 — the "triple" referring to the government topping up each purchase threefold. Distribution began in July 2020 through convenience stores, post offices, and financial institutions, a deliberately decentralized rollout designed to avoid the queuing problems that plagued an earlier cash handout scheme.
The decision to issue physical vouchers rather than direct transfers was partly political — forcing in-person spending at local businesses rather than allowing funds to be saved or used for debt repayment. Security thread and watermark inclusion on what is technically a spending voucher rather than a banknote is unusual and reflects Taiwan's intent to prevent counterfeiting at scale.